Porsche 911UK Forum

Welcome to the @Porsche911UK website. Register a free account today to become a member! Sign up is quick and easy, then you can view, participate in topics and posts across the site that covers all things Porsche.

Already registered and looking to recovery your account, select 'login in' and then the 'forget your password' option.

997.1 Turbo values?

BChivs said:
Does anyone think the number of owners effects values much?

Not really but check the duration of ownership in the past 8-10 years.
These cars go through cycles of having money being spent by a new owner who drives it and then the impact of each service highlights additional work that may be skimped. A shopping list accumulates and triggers a decision to sell and another owner can pick up the showing in his enthusiasm to have a 'sorted car'

Prices rose a lot in 2013-2016 and then softened to the present day. So be aware that some are simply cashing in on a risen market but the cars still might need considerable cash spent under new ownership.

Talk to some indys and they will tell you what I mean and give you examples of cars bought by enthusiastic owners who needed sniffing salts to revive them on that 'sorted' car and great remarks off the back off photos in ads.
The only way to see a good car is from underneath - judging them shiny side up can be a costly mistake.
 
Strangest thing is, no matter who you meet, specialists and enthusiasts / people who knows cars, they all say the same thing...

"In a few years that will be worth a hell of lot more, keep hold of it"

:thumb:
 
I notice the only sub50k one (on higher miles) sold in the last few days. Did you buy it OP?
 
Ishay said:
I notice the only sub50k one (on higher miles) sold in the last few days. Did you buy it OP?

No, not guilty Ishay. Still considering what to do.

Buying one would realistically trigger the sale of my classic BMW Alpina so that it could have garage space and that's a big deal to me. Having said that all it usually takes is for the right car to come along....
 
I have followed prices and I'm' not sure they have risen as much over the past 4 years or so as you'd think.

Those £43k cars from about 3 years ago probably had 35-45k miles on them back then. Three years on and they've now probably got 50-60k miles on them. Trade in to a dealer and you'll get around £50k, perhaps more private.

So a £7k rise in three years ...

... but what's the running cost? Varies from car to car, but I'd say around £1.5k to £2k pa over a number of years if you are the 'self-insure' variety and lucky. Porsche warranty is £1.4k, tax is £500 and a few other bits will take you towards £2.5k pa. 3 years of that and there is your 'appreciation' gone.

Of course you've had 'free' motoring and that's great. Probably better than any other £50k car you could have bought, and what a way to have free motoring

But as an 'investment', I don't think so.

Some 4 or 5 years ago these were going to 'go through the roof' It hasn't happened and I don't think it will in the medium term either (circa 5 years).

This analysis doesn't not comply with the fundamentals of man maths and should not be shared with an wives or spouses under any circumstances.

J
 
I personally don't think the 997T will ever have a collectibility factor.....it sits in the middle of a water cooled generation with no real special attributes....just modernisation.
Take the 996T, the ugly duckling turn swan, the first water cooled Mezger, a milestone in Porsche development.....its a recipe for a classic - the 997T? Not sure I could say the same?
 
I for one hope they do not become collectibles. I've had mine nearly 3 years and still love seeing other 997.1 Turbo's on the road and would hate to see them become another 993 :thumbs:
 
BChivs said:
I personally don't think the 997T will ever have a collectibility factor.....it sits in the middle of a water cooled generation with no real special attributes....just modernisation.
Take the 996T, the ugly duckling turn swan, the first water cooled Mezger, a milestone in Porsche development.....its a recipe for a classic - the 997T? Not sure I could say the same?

That is certainly one way of looking at it. Im not sure that the swan analogy works in this instance - maybe more ugly duckling turns duck.
I am not knocking the 996 but I think there is enough improvement in most areas to make the 997 the better long term prospect?

The 993 had everything going for it - a truely great looking car and the tag of being The last of blah blah blah works whereas 996 being held in high esteem due to being The first of doesn't quite work for me.
Whilst I was definitely after a Turbo, the car I chose had to look the part and the 996 was never going to find its way into my garage and I think that my tastes are pretty mainstream. Time will tell but my money is not on the duck.

To answer the OP's questions -
:?: :thumb: I do however think that they remain good value compared to some other options on the market so you are unlikely to lose your coat and I see them continuing their steady climb if condition is A1.
 
Agreed, the 996t is not a swan. It's a lovely car in most company but it will always be the least good of a great series of cars. I struggle to see why the first water cooled Mezger is any more appealing than the last. I honestly didn't give one a second thought when the 997t came within my range.
 
BChivs said:
I personally don't think the 997T will ever have a collectibility factor.....it sits in the middle of a water cooled generation with no real special attributes....just modernisation.
Take the 996T, the ugly duckling turn swan, the first water cooled Mezger, a milestone in Porsche development.....its a recipe for a classic - the 997T? Not sure I could say the same?

Put those Stella's away :grin: :grin: :grin:
 
Boba fett said:
BChivs said:
I personally don't think the 997T will ever have a collectibility factor.....it sits in the middle of a water cooled generation with no real special attributes....just modernisation.
Take the 996T, the ugly duckling turn swan, the first water cooled Mezger, a milestone in Porsche development.....its a recipe for a classic - the 997T? Not sure I could say the same?

Put those Stella's away :grin: :grin: :grin:


😂😂😂
Just my view I suppose. I personally prefer the 996. Lower stance, more mechanical feel, the little bit of lag reminds you your driving a 911T.

I was reading an article by an expert Porsche valuer that analyses for collectors, insurers, and even main dealers....it's published in the JZM newsletter.
A number of 996's all went through the RM Paris auction at record results highlighting a jump in 996 values and collector desirability.
 
I think the general point I would make, is the value & availability of good 996T is still yet to peak ( or maybe its close ) and it's starting to effect the price positively of 997T

One thing for sure, as a financial decision, New BMW on Lease vs my Purchase I can almost guarantee I will be up on that deal in 2 years time, and I will have had the sheer pleasure of my Beast :evil:

Will I be in profit ? Maybe but probably not
Will I be £5/6k up versus a new Beamer ? I reckon I will for sure :mrgreen:
 
Main Force Patrol said:
I think the general point I would make, is the value & availability of good 996T is still yet to peak ( or maybe its close ) and it's starting to effect the price positively of 997T

One thing for sure, as a financial decision, New BMW on Lease vs my Purchase I can almost guarantee I will be up on that deal in 2 years time, and I will have had the sheer pleasure of my Beast :evil:

Will I be in profit ? Maybe but probably not
Will I be £5/6k up versus a new Beamer ? I reckon I will for sure :mrgreen:

I've been out of the company car scheme for 4 years with 997s and aged BMW dailies with little left to depreciate. Even after some big bills I've calculated I'm £20k up already (based on flat not appreciation) and have owned 997s as a bonus

Whereas I used to just have a 320d :eek:
 
I think it all about what you like and what you can afford; don't get on the investment ladder as you will not enjoy your car!
A 996 is cheaper but hey its still a blinking good car and a lot cheaper than a 997 TT. All that extra for a track day car to spend on
 

New Threads

Forum statistics

Threads
124,350
Messages
1,439,404
Members
48,705
Latest member
Scratch
Back
Top